Sentences with phrase «dairy group lion»
The local arm of the Dutch brewer suffered a 16 per cent fall in annual profits in its latest financial year as the joint venture company it operates with beer and dairy group Lion notched a net profit after tax of $ 10.5 million for the 12 months ended September 30, 2015.
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Higher dairy profits countered flat earnings in alcoholic beverages and pushed Lion's group earnings before interest and tax up 4 per cent to $ 695 million, before one - off costs, despite a 5.6 per cent decline in group sales to $ 4.71 billion.
Irvine is under pressure in the dairy market because Lion is about to lose one of his single largest contracts in Australia to rival group Murray Goulburn Co-operative.